Hindustan Power signs 800 MW Power Supply Agreement with MP Power Management Company for Anuppur solar project
Type: Ppa · Technology: Solar · Country: India · Capacity: 800 MW · Announced: 2026-05-21
Hindustan Power signed a 25-year Power Supply Agreement (PSA) with MP Power Management Company Limited for 800 MW of long-term electricity from its Anuppur solar project in Madhya Pradesh, India. The agreement, extendable for an additional five years, will commence operations in 2031 and supply power to meet rising demand in the state. The deal supports Madhya Pradesh's power framework expansion and aligns with economic growth initiatives, including job creation. Hindustan Power will develop and operate the 800 MW solar project, while MP Power Management Company will purchase the electricity under the long-term contract. The transaction underscores Hindustan Power's role in India's renewable energy expansion and MP Power's commitment to securing sustainable power sources for the region.
Analysis
Hindustan Power signed a 25-year Power Supply Agreement with MP Power Management Company Limited for 800 MW of electricity from its Anuppur solar project in Madhya Pradesh, India. Hindustan Power, a New Delhi-based independent power producer, has a 4 GW portfolio of renewable and transitional energy assets in India. MP Power Management Company Limited will purchase the electricity under the long-term contract, which is extendable for an additional five years and will commence operations in 2031. The deal is for 800 MW of solar power and is set to supply power to meet rising demand in the state of Madhya Pradesh. The agreement was announced on 2026-05-21.
Key points
- 800 MW of electricity
- 25-year Power Supply Agreement
- Anuppur solar project in Madhya Pradesh, India
- Commence operations in 2031
- Announced on 2026-05-21
Counterparties
- MP Power Management Company Limited (Offtaker)
- Hindustan Power (Developer)